AEGIS News | April 2021
AEGIS 2020 Year-End Results Presentation
We are pleased to report strong 2020 year-end results for your mutual with policyholder surplus reaching an all-time high of $1.9 billion.
The full presentation on AEGIS 2020 year-end results is posted on the website. For the best viewing experience on your mobile phone, click on the presentation, expand to full screen, and hold your phone in the landscape position. A PDF is posted for those of you who would like to print a copy of the slide presentation.
Effects of the Winter Storm in the Electric Reliability Council of Texas (ERCOT) Region and AEGIS Contingent Outage Presentation
In February, record-setting, sub-freezing temperatures in Texas knocked out almost half of the power generation in the state. More than 4.5 million homes and businesses in ERCOT’s region were left without power, some for several days. Marina Nadirova, AEGIS Class Underwriter, provides an overview of the event and highlights how the AEGIS Contingent Outage product can help mitigate the risk of similar events.
The full presentation, Effects of the Winter Storm in the Electric Reliability Council of Texas (ERCOT) Region, is posted on the website. For more information, please contact George Keefe, Senior Vice President – Member Relations by e-mail or by phone at 201 508 2797, or Bob Finelli, Vice President – Underwriting via e-mail or by phone at 201 508 2657.
AEGIS welcomes two new underwriters: Cecilia Freedman and Mat Pifer
We are pleased to welcome Cecilia Freedman to AEGIS as an Underwriting Officer – Property. Cecilia has more than 20 years of underwriting experience with an emphasis on power generation and utilities. Prior to joining AEGIS, she was a Senior Underwriter at Zurich where she was responsible for a major book of energy business, and she held senior underwriting positions at CNA and Allianz. Cecilia began her career at Gen Re after graduating with a BA in Spanish and Business from the University of Texas at Austin.
Mat joins AEGIS as a Senior Underwriter – Renewable Energy from AXIS Capital where he underwrote renewable energy property and casualty risks for the past two years, and D&O before that. He began his career at Aon's Professional Services Group, broking Lawyers Professional Liability insurance. Mat graduated from the University of Vermont with a BA in Chinese Language.
Quick Start Guides for Public Safety Communication Programs
AEGIS Loss Control recently partnered with Culver Company, a leader in providing public safety education for the utility industry, to publish two comprehensive new guides to help utilities with their public safety communications programs. Whether you're starting a program from scratch or looking to enhance an existing program, the guides take a step-by-step, programmatic approach to public safety communications that helps you quickly and easily meet your communications goals.
One guide is tailored to electric utilities and the other to natural gas utilities. Each is filled with examples of past safety incidents that will inform your communications program and make the case for implementing it. The guides are posted on the website and can be downloaded free of charge:
For more information, please contact Scot Macomber, Vice President – Loss Control Utility Operations by e-mail or by phone at 201 508 2739.
AEGIS Loss Control Webinar – Practical Loss Control Measures for Renewable Energy Assets
AEGIS Loss Control conducts monthly webinars featuring current topics related to electric, natural gas, property and boiler machinery plant operations, and renewable generation. The webinars are conducted live and then posted to the website. More than 60 webinars are posted and they can be viewed anytime from any device. The webinar this month is Practical Loss Control Measures for Renewable Energy Assets.